Aditya Birla Sun Life AMC Ltd. reported its business update for the first quarter of FY27. The company’s mutual fund assets under management (AUM) increased 6% year-on-year to ₹4.3 lakh crore, while equity fund AUM rose 10% to ₹1.98 lakh crore during the quarter. Mutual fund QAAUM declined despite the Nifty gaining over 6% during…
Online B2B e-commerce company IndiaMART InterMESH Ltd on Tuesday (July 21) reported a 12.18% year-on-year and 243.03% quarter-on-quarter increase in consolidated net profit to ₹172.20 crore for the first quarter of FY27, compared with ₹153.50 crore in the year-ago period. Consolidated revenue from operations rose 11.37% year-on-year and 2.50% quarter-on-quarter to ₹414.40 crore, from ₹372.10…
BSE Sensex settled at 77,480.92, down 227.60 points (-0.29%). Immediate support is placed around 77,300–77,100, while resistance is seen near 77,700–77,900. A decisive breakout above the resistance zone would reinforce the prevailing positive trend, the analyst stated. Source link
The equity benchmark indices BSE Sensex and NSE Nifty ended mixed after a range-bound trading session on Tuesday (July 21), as losses in index heavyweights Reliance Industries and HDFC Bank offset gains across several broader market pockets. The BSE Sensex fell 238 points to close at 77,470, while the Nifty 50 declined 51 points to…
The Reserve Bank of India’s (RBI) concessional swap facility has attracted more than $20.7 billion in foreign exchange inflows in just over a month, with Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits accounting for more than 84% of the total. The strong response comes despite expectations that higher US interest rates and global uncertainty would weigh…
Shares of Adani Energy Solutions Ltd. gained 3% on Tuesday, July 23, to hit a fresh record high, reacting to the company’s first quarter earnings. The stock has since cooled off from those levels. The company reported a positive set of earnings across most parameters but its margins witnessed a small decline from last year….
Collectively, these companies have announced 97 corporate actions, including dividends, bonus issues, stock splits, spin-offs and other corporate benefits. The announced dividend payouts total Rs 1,609.52 per share, with Abbott India declaring the highest payout of Rs 656 per share (Rs 525 final + Rs 131 special), followed by Hawkins Cookers and ICRA. Investors must…
Namit Singh Sengar is a Chief Copy Editor with over seven years of experience in delivering content across diverse domains. Specialising in business news across personal finance, real estate, IPOs and markets, Namit brings an editorial eye and a deep understanding of complex subjects to his work. His educational foundation includes Post Graduate Diploma in…
Buying jewellery often involves a significant upfront expense, prompting many consumers to spread the cost over several months. To cater to this demand, most leading jewellery retailers offer savings plans that allow customers to make regular deposits and redeem the accumulated amount towards jewellery purchases later. These schemes have traditionally been available in stores, but…
Shares of Atlanta Electricals Ltd. fell as much as 5% on Tuesday, July 21, even as the company reported its June quarter results, with consolidated net profit rising 51.1% year-on-year to ₹46.84 crore from ₹31.14 crore a year earlier. Its revenue grew 48% to ₹466.33 crore, up from ₹315.11 crore in the corresponding quarter last…
